⚠️ Crypto Market: What You MUST Know Today!
📌 Risk Management is 🔑
As we said yesterday, in a market like this, risk management, break-even planning, and timely profit-taking are essential. Every position should come with a clear and structured plan.
📰 Major Fundamental Updates
🔻 Bitcoin has dropped below $117,000 today.
👉 Main reason: Profit-taking after recent gains.
💸 Over $131 million has been withdrawn from Bitcoin ETFs in recent days, adding selling pressure to the market.
🎤 Jerome Powell is scheduled to speak today. The market is nervous he might hint that interest rates will stay high. Investors are on hold.
⚖️ Key crypto regulation bills in the US are facing setbacks. Legal uncertainty is keeping investors cautious.
💰 Capital is rotating from BTC into altcoins. Solana is up 🚀, while Ethereum and Ripple are slightly down.
📉 Technical indicators like RSI and MACD show overbought conditions. The market is correcting now, and the uptrend is weakening.
🏛️ A crypto policy report from the White House is expected today. Many are waiting for clarity before taking big steps.
📊 US inflation remains high → The Fed is unlikely to cut rates soon. Crypto markets need looser monetary policy to thrive.
💥 A large number of leveraged long positions are concentrated around $115,000. If BTC falls further, liquidations may cause additional selling pressure.
♦️ BTC Technical View
The weekly chart shows both buying and selling pressure.
Strong buy wicks indicate active buyers around the $114K-$116K zone.
If price breaks below this level sharply, expect a deeper drop.
If the price approaches this zone slowly, buyers (both takers and makers) may step in to defend it — potentially triggering the next leg up.
⚠️ Important Note
❌ No short positions in our strategy.
Even if price drops, our plan is: “No problem, we missed it 😄”
Our approach = No shorting at these levels. Stay disciplined. 💪
♦️ BTC Dominance (BTC.D)
📉 After a sharp drop, a bounce to 62.15-63.63 is possible.
Once this correction completes, we’ll watch for altcoins that are still ranging and getting ready to break out.
📈 If BTC starts printing green candles with rising volume:
➡️ Focus on altcoins in your watchlist near breakout levels.
📌 Two Main Scenarios:
* ✅ BTC breaks $120K and dominance drops → Early signs of altseason
* ❌ BTC drops and dominance rises → Altcoins likely to drop further
♦️ USDT Dominance (USDT.D)
🔁 Yesterday’s session didn’t break above 4.14 → No bullish confirmation for BTC or alts yet.
📈 If 4.26 breaks upward → Expect more correction across the market.
📉 If 4.14 breaks downward → We may stay in our positions with more confidence.
✅ What to Watch For Today
📊 Jerome Powell’s speech
📰 White House crypto policy report
📉 USDT.D movement at 4.14 / 4.26
🔍 BTC price action near the $114K-$116K zone
🚀 Altcoins approaching breakout levels
🚀 If you found this helpful:
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